Southern Copper (SCCO) Research & Development (2009 - 2026)
Southern Copper (SCCO) reported Research & Development of $14.9 million for Q2 2026, up 8.8% from $13.7 million a year earlier and up 38.0% from the prior quarter.
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Analysis
Southern Copper (SCCO) Research & Development (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Southern Copper's Research & Development came in at $53.1 million, down 3.6% year-over-year; for FY2025, it was $52.8 million, down 13.3% from FY2024.
- Research & Development has a five-year compound annual growth rate of 10.1% (FY2020 to FY2025).
- By year, Research & Development came in at $60.9 million in FY2024 (+10.7%), $55 million in FY2023 (+31.9%), $41.7 million in FY2022 (-3.9%) and $43.4 million in FY2021 (+33.1%).
- Five-year quarterly Research & Development spans a low of $9.1 million in Q1 2022 and a high of $18.6 million in Q2 2024.
- Year over year, Research & Development gained in three of the last eight quarters, with an average decline of 7.5%.
- The high point for year-over-year Research & Development in five years was Q3 2023 (growth of 61.5%); the low point was Q4 2022 (a decline of 33.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $10.8 million (Q1 2026), $17.2 million (Q4 2025) and $10.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 166.34 Bn | 145.12 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Rio Tinto | 142.70 Bn | 103.20 Bn | - | - |
| 4 | Newmont | 124.72 Bn | 92.73 Bn | 4.03 Bn | 47.00 Mn |
| 5 | Freeport-Mcmoran | 98.15 Bn | 82.19 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 61.53 Mn |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 58.96 Bn | 48.35 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 47.66 Bn | 26.68 Bn | - | - |
| 10 | AngloGold Ashanti | 46.25 Bn | 34.14 Bn | 1.70 Bn | 157.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.90 Mn |
| Mar 31, 2026 | 10.80 Mn |
| Dec 31, 2025 | 17.20 Mn |
| Sep 30, 2025 | 10.20 Mn |
| Jun 30, 2025 | 13.70 Mn |
| Mar 31, 2025 | 11.70 Mn |
| Dec 31, 2024 | 16.50 Mn |
| Sep 30, 2024 | 13.20 Mn |
| Jun 30, 2024 | 18.60 Mn |
| Mar 31, 2024 | 12.70 Mn |
| Dec 31, 2023 | 15.50 Mn |
| Sep 30, 2023 | 15.50 Mn |
| Jun 30, 2023 | 12.10 Mn |
| Mar 31, 2023 | 11.90 Mn |
| Dec 31, 2022 | 11.10 Mn |
| Sep 30, 2022 | 9.60 Mn |
| Jun 30, 2022 | 11.80 Mn |
| Mar 31, 2022 | 9.10 Mn |
| Dec 31, 2021 | 16.70 Mn |
| Sep 30, 2021 | 10.90 Mn |
API Access
Southern Copper Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=SCCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SCCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=SCCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();